At the heart of WalletConnect’s sustainability is the WalletConnect Token (WCT), introduced to incentivize and empower network participants. WCT serves multiple roles, starting with staking, where participants lock tokens to support network operations and security. This decentralized approach strengthens the protocol’s backbone.WCT also grants governance rights, allowing holders to shape the protocol’s future direction a democratic touch in the crypto world. Additionally, it rewards contributors and may cover transaction fees, creating a self-sustaining ecosystem. With over 500 wallets and 6,000 dApps already on board, and millions of users worldwide, WCT is poised to drive further adoption.As WalletConnect eyes expanded blockchain support and user experience upgrades, WCT could be key.
@WalletConnect #WalletConnect $WCT
